Common use of E Indemnification Clause in Contracts

E Indemnification. The Company agrees that if Executive is made a party, or is threatened to be made a party, to any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "Proceeding"), by reason of the fact that he is or was a director, officer or employee of the Company, Executive shall be indemnified and held harmless by the Company to the fullest extent legally per-mitted or authorized by the Company's certificate of incor-poration or bylaws or resolutions of the Board or, if greater, by the laws of the State of Delaware, against all cost, expense, liability and loss (including, without limi-tation, all costs pertaining to the Executive’s defense, attorney's fees, judgments, fines, ERISA excise taxes or penalties and amounts paid or to be paid in settlement) as reasonably incurred or suffered by Executive in connection therewith. The Company agrees to purchase, continue and maintain a directors' and officers' liability insurance policy covering Executive. Executive shall be extended an Indemnification Agreement in the form attached as Exhibit 6 at the time this Employment Agreement is executed.